8351 EDELMAN LANE
About This Property
This stunning residence offers a rare blend of modern design, flexible living spaces, and seamless indoor outdoor living across three thoughtfully designed levels. From the moment you arrive, clean architectural lines and a welcoming entry create a striking first impression.
The first floor opens to a stylish foyer leading into a spacious family room filled with natural light. This level features three generously sized bedrooms, including one currently used as a home office, offering excellent flexibility for guests, multigenerational living, or remote work. A full bathroom completes this level with a layout designed for comfort and functionality.
The second floor serves as the heart of the home with an expansive open concept living area ideal for entertaining and everyday living. Walls of windows create a bright and airy atmosphere throughout. The kitchen anchors the space with sleek cabinetry, custom refrigerator panels that blend seamlessly with the design, modern finishes, and ample prep and storage space. The kitchen flows effortlessly into the dining and living areas, while large glass doors open to a covered balcony overlooking the lake. From here, enjoy peaceful morning sunrises and stunning evening sunsets with water views as your backdrop.
Tucked away on this level, the primary suite offers a private retreat featuring a spacious bedroom, a custom walk in closet, and a spa style bathroom with dual vanities, a freestanding soaking tub, and an oversized glass enclosed shower with multiple shower heads.
The third floor is a true showpiece, featuring a spacious media and entertainment room that opens to both a rooftop balcony and an additional terrace. This level is perfect for hosting, movie nights, or simply relaxing while taking in sweeping lake views and unforgettable sunsets. The elevated outdoor terrace provide a private retreat rarely found in modern homes, offering multiple areas to lounge, dine, grill, unwind, watch the game or look at the stars at night.
Throughout the home, thoughtful details, designer finishes, and abundant natural light enhance the modern aesthetic while maintaining warmth and livability. With multiple living areas, flexible bedroom options, and exceptional outdoor spaces on every level, this lakefront home delivers an elevated yet effortless lifestyle in a truly special setting.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 5, 2026 | Listed by REAL BROKER, LLC | $1,999,900 | |
| Listed by REAL BROKER, LLC | |||
| Oct 31, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017